Terms of Use

Please read these Terms of Use carefully. These Terms of Use apply to the use of this website and to the use of any information, software, function, graphics, artwork and any other material contained on this website (collectively referred to as "Contents").

By using this website and its Contents, you ("you" or "the user") agree to abide by these Terms of Use and any changes that Wilmington Trust, N.A. and/or its affiliates¹ (collectively referred to as "Wilmington Trust") may publish from time to time. If you do not agree with these Terms of Use, do not access this website or any pages thereof.

Intellectual Property and Copyright by Wilmington Trust
Title to and all intellectual property rights in the website and its Contents remain in Wilmington Trust, unless otherwise expressly indicated.

This website and/or its Contents may include information, software and other tools which are the proprietary property of others or which are public or works of the government. Wilmington Trust is using such information, software and other tools with permission and authority from the owners of such proprietary rights when required.

Trademarks and Service Marks
The trademarks, service marks, and logos contained on this website and its Contents are service marks or trademarks of one or more of the Wilmington Trust entities, except as otherwise noted. Any such entity may also claim trademark or service mark rights in other product names, business names, logos, slogans and other marks contained on this website and its Contents. You may not in any way use any Wilmington Trust marks without first obtaining our express written permission.

The names of actual companies and products mentioned herein may be the trademarks or service marks of their respective owners.

Use of Website and Website Materials
When using particular information, materials, and/or services on this website, you will be subject to any posted guidelines or notes applicable to such services or materials that may contain terms and conditions in addition to these Terms of Use. All such guidelines or rules are hereby incorporated by reference into these Terms of Use.

This website and its Contents are not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation.

You may not print, copy, upload, post, publish, modify, display, transfer, resell, reproduce, republish, or distribute this website or its Contents in any way (whether electronically or otherwise) or create other works based on it, unless expressly authorized by these Terms of Use, the express provisions on this website, our prior written consent, or applicable law. Copies made incidentally in the ordinary course of your personal, non-commercial use of this website and a reasonable number of printed copies for such use are permitted, provided that you do not modify or alter the material in any way and you do not delete or change any copyright, trademark or other notices.

You may not use the information or material on this website for any unlawful purpose.

User Conduct
You will use the Contents and services available through this website (the "Services") pursuant to, and only for the purposes set forth in, the agreement applicable to the Services and these Terms of Use. You will not use, nor will you permit anyone to use, the Services for any unlawful purpose or in furtherance of any unlawful purpose. If we, or our service providers, have reasonable grounds to believe that you are using the Services for any improper purpose, we may suspend or terminate the Services immediately upon notice.

Unauthorized Conduct. You will not permit or engage in spamming, mailbombing or spoofing through the Services or any fraudulent, illegal, harassing or unauthorized use of the Services, nor will you permit or engage in any action involving the Services that is inconsistent with these Terms of Use or the applicable agreement governing your use of a particular Service.

No Breaches of Security. You will not (a) breach or attempt to breach-the· security of any technology available through the website or any network, servers, data; computers or other hardware relating to or used in connection with the Services or belonging to or used or leased by any other customer or any third party that is hosting or interfacing with any part of the Services; or (b) use or distribute through the Services any software, files or other tools or devices designed to interfere with or compromise the privacy, security or use of the Services or the operations or assets of any other customer or any third party. You will make reasonable efforts to ensure that your use of the Services will not transmit a computer virus or other harmful programming code to any network, servers, data, computers or other hardware relating to or used in connection with the Services.

No Modification Technology. You will not modify or tamper with in any way the technology.

No Reproductions. You will not reproduce, copy, translate, modify, adapt, create derivative works from, distribute, transmit, transfer, republish, compile or decompile, reverse engineer, display, remove or delete the technology, or any portion thereof.

No Unauthorized Disclosure. You will not allow unauthorized disclosure or copying of any part of the Services or any information obtained from the use of the Services.

No Removal of Notices. You will not remove, obscure or alter any copyright notice, trademark or other proprietary rights notices affixed to or contained within any application software.

Termination and Remedies
If you breach any of these Terms of Use, your authorization to use this website automatically terminates and you must immediately destroy any materials obtained from this site. Wilmington Trust may seek any available legal remedy or take any reasonable business steps to prevent the unauthorized use of, or access to, this website, and to prevent access to users who violate these Terms of Use. You agree that we would be irreparably harmed if you breach this provision and that monetary damages would be inadequate to remedy such breach. Accordingly, you also agree that specific and injunctive or other equitable relief is the appropriate remedy for such a breach.

Modifications and Changes
We may make changes to the website and its Contents, including our products and/or services and these Terms of Use, at any time without notice to you. Your use of this website at any time indicates your agreement with the Terms of Use posted on this site at the time of such use.

Errors
Although we attempt to keep this website and its Contents accurate, complete and current, the site may contain technical or other mistakes, inaccuracies or typographical errors. The information and materials on this website may be out of date, and we make no commitment to update this website or its Contents. It is your responsibility to verify any information before relying on it.

Availability of Website and Content, Including Products and Services
This website is controlled, operated and administered by Wilmington Trust from its offices within the United States of America. If you access this website from a location outside of the United States, you are responsible for compliance with all local laws.

Not all products and services are available in all geographic areas. Your eligibility for particular products and/or services may be subject to final determination and acceptance by Wilmington Trust.

References
References to any specific commercial product, process, service or publication by trade name, trademark, service mark, manufacturer or otherwise are provided for general information purposes only and do not constitute a warranty, endorsement, recommendation or favoring by Wilmington Trust. Wilmington Trust makes no warranty of any kind with respect to the subject matter or products listed herein or the completeness, accuracy, or reliability of the information.

Links to Third Party Sites
Wilmington Trust may establish links between this website and one or more websites operated by third parties, and we are providing these links only as a convenience to you. Such links allow you to leave our website and are not under our control. Access to any other website linked to this website is at your own risk. We have not investigated, verified, monitored or tested the accuracy, reliability or completeness of any information, data, opinions, advice, statements, software, products or services found on or contained in these linked sites or any change or updates to such sites and therefore do not make any representations whatsoever with respect thereto. The inclusion of a link to another website does not constitute an approval, endorsement, authorization, sponsorship, or affiliation by us with respect to such site, its owners or its providers.

Registration
Some areas of this website may require you to become a member. When and if you register to become a member, you agree to: (1) provide accurate, current and complete information about yourself as prompted by our registration form (including your email address); and (2) maintain and update your information (including your email address) to keep it accurate, current and complete. You acknowledge that, if any information provided by you is untrue, inaccurate, not current, or incomplete, we reserve the right to terminate your right to use this website.

Use and Protection of Account Numbers, User IDs and Passwords
We may refuse to grant you a User ID that impersonates someone else, is or may be illegal, is or may be protected by trademark or other proprietary rights laws, is vulgar or otherwise is offensive, or may cause confusion, as determined by us in our sole discretion. YOU ARE RESPONSIBLE FOR MAINTAINING THE CONFIDENTIALITY OF YOUR ACCOUNT NUMBER(S), USER IDS, AND/OR PASSWORDS, AS APPLICABLE. YOU ARE RESPONSIBLE FOR DAMAGES RESULTING FROM ALL USES OF YOUR ACCOUNT NUMBER(S), USER ID AND/OR PASSWORD, WHETHER OR NOT ACTUALLY OR EXPRESSLY AUTHORIZED BY YOU, UNLESS ACCESS TO YOUR ACCOUNT NUMBER(S), ACCOUNT NAME, USER ID AND/OR PASSWORD WAS OBTAINED THROUGH NO FAULT OR NEGLIGENCE ON YOUR PART. You will immediately notify us of any unauthorized use of your account number(s), User ID, or password or any other breach of security.

Not Legal, Accounting or Other Professional Advice
The information contained on this website is not intended to constitute and should not be considered as legal, accounting or other professional advice, nor is it intended to substitute for obtaining such advice. If legal, accounting or other professional advice or assistance is needed, the services of a competent, independent legal counsel, accountant or other professional in the relevant jurisdiction should be sought.

Users should note that the regulatory regime in offshore jurisdictions, including investor protection and compensation arrangements, may well be different from their home jurisdiction.

Use of Examples
The example companies, organizations, products, services, persons and events depicted herein are intended to be fictitious, and no association with any real company, organization, product, service, person or event is intended to or should be inferred.

Other Third Party Information
The information contained in any article or graph contained in the Library or Commentary section(s) or elsewhere on this website is based on sources that we believe to be reliable, but no representation is made as to its accuracy, reliability or completeness.

Financial Planning Tools and Calculators
Wilmington Trust does not make any assurances with respect to the accuracy of the results or output that derives from use of any financial planning tools, calculators or other tools or utilities on this website.

Submissions
All information transmitted or otherwise submitted to us via this website shall be deemed to be the property of Wilmington Trust, and Wilmington Trust shall be free to use such information for any lawful purpose within the guidelines of our privacy policy.

Investment Products
The Contents of this website, including information regarding any investment product or service, is for informational purposes only and is not intended as an offer or solicitation for the sale of any investment product or service or a recommendation or determination by Wilmington Trust that any investment product or service is suitable for a specific investor. Investors should seek financial advice regarding the suitability of any investment product or service, based on the investor's objectives, financial situation and particular needs.

Investments like stocks, bonds, annuities and mutual funds are not insured by the FDIC or any other governmental agency, are not deposits of or other obligations of or guaranteed by Wilmington Trust or any other bank or entity, and are subject to investment risks including the possible loss of principal amount invested.

Some of the investment products referred to on this website may be available only to certain "qualified investors" and/or "accredited investors" — that is, investors who meet certain income and/or investable assets thresholds.

Past performance does not guarantee future results, and no representation or warranty regarding past performance is made.

M&T Securities, Inc.
Non-deposit investment products, including stocks, bonds, annuities, mutual funds and other securities, are offered by M&T Securities, Inc., a wholly owned subsidiary of M&T Bank Corporation (M&T Bank). M&T Securities, Inc. is a registered broker-dealer and member of the SIPC and FINRA. Such investment products are not insured by the FDIC or any other governmental agency, are not deposits of or other obligations of or guaranteed by Wilmington Trust or any other bank or entity, and are subject to investment risks including the possible loss of principal amount invested. All transactions with M&T Securities, Inc. involving investment products are placed through Pershing LLC, a BNY Mellon company and a member of the New York Stock Exchange. Securities are insured up to certain limits through the Securities Investors Protection Corporation (SIPC).

Important Disclosures Regarding Statements Accessed through Website
The reports and the information that you obtain regarding your account through the website are provided as a supplement and are intended for information purposes only. They are not a replacement or substitute for your normal account statements. You are encouraged to carefully review statements and retain them for your records as they may contain notices, disclosures and other important information. Due to differences in production, these reports may vary in some details, including pricing. Please report promptly any material inaccuracy or discrepancy in this information to your relationship manager.

Pricing and market values reported for your account are based on US month-end prices and are provided by third-party quotation services. Asset values will fluctuate. Asset values are obtained from sources believed to be reliable, but there is no guarantee that these values represent the current value of the holdings depicted. Gain and loss information is for informational purposes only and is not designed or intended to provide financial, tax, legal, accounting, or other professional advice.

Forward-Looking Statements
This website and/or its Contents may from time to time contain certain statements or information with respect to: (1) the projection of M&T Bank revenues, income, earnings per share, capital expenditures, dividends, capital structure, or other financial items; (2) the plans, objectives, and/or projections of M&T Bank for future operations, including those relating to the products or services of Wilmington Trust; (3) M&T Bank's future economic performance; (4) assumptions underlying or relating to any of the foregoing statements or information; and (5) any other projections, estimates, or forward-looking statements. All such statements and information are forward-looking statements within the meaning of Federal securities laws. Such forward-looking statements are based upon, or will be based upon, M&T Bank's expectations or forecasts with respect to future events and are subject to a number of uncertainties and risks that could cause actual results or circumstances to differ materially from those expressed in the forward-looking statements. Such forward-looking statements should be viewed only as predictions and with the understanding that actual events or results may differ materially. For further detail and information concerning the foregoing or Wilmington Trust in general, please consult M&T Bank's documents and reports on file with the Securities and Exchange Commission, particularly M&T Bank's most recent Form 10-K and Form 10-Q, copies of which are available from M&T Bank's Investor Relations Division.

General Notices
Wilmington Trust and its affiliates are subsidiaries of M&T Bank and are Equal Opportunity Employers.

Disclaimers
ALL INFORMATION, MATERIALS AND SERVICES CONTAINED ON THIS WEBSITE AND THE CONTENTS THEREOF ARE PROVIDED "AS IS." WILMINGTON TRUST MAKES NO REPRESENTATION, ENDORSEMENT, OR WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED, BY DESCRIPTION, BY SAMPLE OR OTHERWISE, AND IN PARTICULAR AND WITHOUT LIMITATION, MAKES NO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT OF THIRD-PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER HARMFUL CODE. WE DO NOT WARRANT THE ACCURACY, ADEQUACY OR COMPLETENESS OF THE MATERIALS CONTAINED ON THIS WEBSITE OR WARRANT THAT ANY DEFECTS WILL BE CORRECTED.

THIS DISCLAIMER OF WARRANTIES APPLIES TO THE FULLEST EXTENT PERMITTED BY LAW.

Limitation of Liability
AS A CONDITION TO WILMINGTON TRUST PROVIDING THIS WEBSITE AND ITS CONTENTS, THE USER AGREES THAT IN NO EVENT SHALL WILMINGTON TRUST BE RESPONSIBLE OR LIABLE TO YOU OR TO ANY THIRD PARTY FOR ANY DAMAGE WHATSOEVER, INCLUDING, WITHOUT LIMITATION, DIRECT OR INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGE, LOSSES OR EXPENSES OF ANY KIND, ARISING IN CONNECTION WITH THIS WEBSITE, ANY PORTION OF IT OR ANY WEBSITE LINKED HERETO, THE USE THEREOF OR THE INABILITY TO USE IT BY ANY PERSON, OR IN CONNECTION WITH ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, LINE OR SYSTEM FAILURE, LOSS OF DATA, OR ANY OTHER THEORY OF LIABILITY, WHETHER IN AN ACTION IN CONTRACT, TORT (INCLUDING NEGLIGENCE), WARRANTY, STRICT LIABILITY OR OTHERWISE, EVEN IF WILMINGTON TRUST IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, LOSSES OR EXPENSES.

THIS LIMITATION OF LIABILITY APPLIES TO THE FULLEST EXTENT PERMITTED BY LAW.

Indemnification by User
YOU AGREE TO INDEMNIFY, DEFEND, AND HOLD HARMLESS WILMINGTON TRUST, ITS SUBSIDIARIES AND AFFILIATES, AND THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, LICENSORS, SUPPLIERS AND ANY THIRD PARTY INFORMATION PROVIDER TO US FROM AND AGAINST ALL LOSSES, EXPENSES, DAMAGES AND COSTS, INCLUDING REASONABLE ATTORNEYS' FEES, RESULTING FROM ANY VIOLATION OF THESE TERMS OF USE BY YOU.

Other Agreements
These Terms of Use shall be subject to any other agreements you have entered into with Wilmington Trust and, except as expressly set forth herein, in the event of a conflict, the terms of those agreements will govern.

Waiver
Any waiver of or failure to enforce any right under or term or provision of these Terms of Use by Wilmington Trust shall not be deemed to be a waiver of such right or any other right, term or provision of these Terms of Use at any time.

Severability
In the event that any portion of these Terms of Use shall be determined to be unenforceable by a court of competent jurisdiction, the remainder of these Terms of Use shall not be impaired, affected or invalidated, and the unenforceable term or provision shall be replaced by such enforceable term or provision as comes closest to the intention underlying the unenforceable term or condition.

Governing Law and Venue
Use of this website will be governed by and construed in accordance with the laws of the State of Delaware and the United States of America, without regard to conflicts of law principles. You and Wilmington Trust also agree that all legal proceedings, whether at law or in equity, related to this website and/or its Contents shall be filed in and adjudicated solely in the state or federal courts located in New Castle County, Delaware. You further consent and submit to the exclusive personal jurisdiction and venue of such courts for the purpose of litigating any such matters.

Margin Disclosure Statement
SECURITIES PURCHASED ON MARGIN ARE THE COLLATERAL FOR THE LOAN TO YOU. IF THE SECURITIES IN YOUR ACCOUNT DECLINE IN VALUE, SO DOES THE VALUE OF THE COLLATERAL SUPPORTING YOUR LOAN, AND, AS A RESULT, WE OR OUR CLEARING AGENT CAN TAKE ACTION, SUCH AS ISSUE A MARGIN CALL AND/OR SELL SECURITIES OR OTHER ASSETS IN ANY OF YOUR ACCOUNTS HELD WITH US OR OUR CLEARING AGENT. IN ORDER TO MAINTAIN THE REQUIRED EQUITY IN THE ACCOUNT, IT IS IMPORTANT THAT YOU FULLY UNDERSTAND THE RISKS INVOLVED IN TRADING SECURITIES ON MARGIN. THESE RISKS INCLUDE THE FOLLOWING:

YOU CAN LOSE MORE FUNDS THAN YOU DEPOSIT IN THE MARGIN ACCOUNT.

WE OR OUR CLEARING AGENT CAN FORCE THE SALE OF SECURITIES OR OTHER ASSETS IN YOUR ACCOUNT(S).

WE OR OUR CLEARING AGENT CAN SELL YOUR SECURITIES OR OTHER ASSETS WITHOUT CONTACTING YOU.

YOU ARE NOT ENTITLED TO CHOOSE WHICH SECURITIES OR OTHER ASSETS IN YOUR ACCOUNT(S) ARE LIQUIDATED OR SOLD TO MEET A MARGIN CALL.

WE OR OUR CLEARING AGENT CAN INCREASE OUR "HOUSE" MAINTENANCE MARGIN REQUIREMENTS AT ANY TIME AND ARE NOT REQUIRED TO PROVIDE YOU WITH ADVANCE WRITTEN NOTICE.

YOU ARE NOT ENTITLED TO AN EXTENSION OF TIME ON A MARGIN CALL.

SEC-Required Report on Routing of Client Orders
M&T Securities, Inc. is required by SEC Rule 606 to disclose any material arrangements with the venues to which individual orders were routed, including, but not limited to, any internalization or payment for order flow arrangements.

Quarterly Order Flow Report
Pershing LLC ("Pershing") has provided the data on this website on behalf of Wilmington Trust affiliate M&T Securities, Inc. The data represents only those orders that have been routed by M&T Securities, Inc. through Pershing for execution. Although Pershing has used commercially reasonable efforts to provide accurate information, the data is provided to you on an "as is" basis. WILMINGTON TRUST, SPECIFICALLY INCLUDING ITS AFFILIATED M&T SECURITIES, INC., AND PERSHING SPECIFICALLY DISCLAIM ALL WARRANTIES EXPRESS OR IMPLIED WITH RESPECT TO THE INFORMATION, INCLUDING SPECIFICALLY, BUT NOT EXCLUSIVELY, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. YOU AGREE THAT NEITHER WILMINGTON TRUST (SPECIFICALLY INCLUDING ITS AFFILIATE M&T SECURITIES, INC.) NOR PERSHING SHALL HAVE ANY LIABILITY FOR ANY INDIRECT, CONSEQENTIAL, SPECIAL OR DIRECT DAMAGES FOR ANY ACTION OR INACTION WHICH YOU MAY TAKE AS THE RESULT OF THE DATA, WHETHER AS A RESULT OF ANY CLAIM SOUNDING IN CONTRACT OR ANY OTHER THEORY OF LIABILITY.

¹ Wilmington Trust, N.A. and all of its affiliates are subsidiaries of M&T Bank Corporation.

Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Wilmington Trust Company, operating in Delaware only, Wilmington Trust, N.A., M&T Bank and certain other affiliates, provide various fiduciary and non-fiduciary services, including trustee, custodial, agency, investment management and other services. International corporate and institutional services are offered through Wilmington Trust Corporation's international affiliates. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank, member FDIC.